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Following a ‘standstill’: An ethnographic approach to financialization
Author(s) -
Sarmadi Behzad
Publication year - 2016
Publication title -
anthropology today
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.419
H-Index - 24
eISSN - 1467-8322
pISSN - 0268-540X
DOI - 10.1111/1467-8322.12254
Subject(s) - financialization , ethnography , literal (mathematical logic) , literal and figurative language , repurposing , government (linguistics) , unpacking , sociology , politics , political economy , economics , economy , finance , political science , law , linguistics , philosophy , anthropology , ecology , biology
This article addresses Dubai's recent financial crisis, bringing an ethnographic approach to ‘financialization’. It does so by repurposing the financial concept of ‘standstill’. Focusing on the consequences of the Dubai government's infamous ‘standstill announcement’, in late 2009, it argues that unpacking the literal and figurative registers of this concept offers insights into the political economy and lived experiences of financial crises.